Maruti Suzuki, India’s largest car manufacturer, has leased 270,000 square feet of space in Tag Avenue, commercial building in Gurgaon, according to two people familiar with the matter. Haryana Chief Minister Manohar Lal Khattar had urged last year that their office is relocated to Gurgaon. For that the government allocates 900 acres of land to…
The state cabinet approved the “Haryana Municipal Urban Built-Plan Reform Policy, 2023” at a meeting presided over by Chief Minister Manohar Lal Khattar. The Haryana cabinet approved a policy that will allow residential plots to be converted into commercial plots within planned complexes. It addresses the changing needs and demands of the urban development scene,…
The Haryana State Industrial Infrastructure Development Corporation (HSIIDC) has issued a bid for proposals for four mixed-use plots in Global City project Gurugram. The four land parcels total 172.76 acres are open for auction. The plots will be auctioned off for commercial and residential building in the 1,000 acres Global City, with a 15 billion…
Signature Global recorded 65 percent increase in revenue to Rs 1,327.4 crore in the first half of this fiscal year 2023, up from Rs 804.8 crore in the previous year. Pre-sales booking increased 38 percent to Rs 1,861.3 crore in the first half of the year. The residential units booked before construction or completion is…
Hero Realty has partnered with Saheb Enterprise to develop a 2 million square foot mixed-use project in Gurugram with a potential sales revenue of Rs 2000 crore. Sunil Kant Munjal’s Hero Enterprise promotes Hero Realty. Hero Realty has signed a joint development agreement for the construction of housing and commercial complexes with Saheb Enterprise, which…
Godrej Properties and Hero Realty are in talks to sell a 14-acre land piece in Gurugram worth roughly Rs 730 crore. The Mumbai-based real estate firm purchased the land in Sector 89 from a local land-aggregating company almost two years before. “The sale of the land is surprising given that Godrej purchased it less than…
SS Group, NCR based real estate firm, announced the inauguration of its new luxury property, SS CENDANA. SS CENDANA Residences is suitably titled “A Luxury Home” because of its location and the general, club, and sports amenities it offers. SS CENDANA is located in Sector 83, Gurgaon, the most active area in Gurugram and becoming…
Experion Developers has purchased a six-acre land lot in Sector 53 Gurgaon for around Rs 400 crore from the Haryana Shahari Vikas Pradhikaran (HSVP), the state urban development organization. The department had auctioned off another two-acre plot in Sector 56 for Rs 120 crore to TREVOC (The Real Estate Venture of Chawlas), one of the…
This large investment aims to accelerate construction and ensure the timely delivery of residential and commercial projects. The organization has a track record of providing almost 30 million square feet across all sectors. An additional 20 million square feet is now being built, as well as future projects. The majority of these projects will be…
DLF is expected to begin construction of a new 25 lakh square feet shopping mall in Gurugram this quarter at a cost of about 1700 crore in order to expand its company amid a boom in demand for premium real estate space from retailers. DLF currently has a retail footprint of around 42 lakh square…